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Nov 26, 2012
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this pledge, this grover norquist pledge, how important is it to the republican party? >> i think it's very important. >> do you think it's important for people who signed the pledge to keep it? >> i think it's important to remember the problem we have which is a spending problem and, frankly, i think we look at it in terms of any family. if your family is going into debt, the first thing you do is say, hey, dad, get a second is job and raise more revenue. you look at the family budget and say how do we cut? where do we get back? once that's done, we are still a little short to pay down the debt, how can we bring in more revenue? so i think before -- for a lot of these members of congress who have committed to saying the problem is spending, we need to reform our out-of-control entitlements, that's where the focus should be. >> the base of the democratic party going to allow the president some leeway on this? >> we need to have everything on the table. let's be clear. >> social security? >> s ocial security is not contributing to the current debt or the deficit. social
this pledge, this grover norquist pledge, how important is it to the republican party? >> i think it's very important. >> do you think it's important for people who signed the pledge to keep it? >> i think it's important to remember the problem we have which is a spending problem and, frankly, i think we look at it in terms of any family. if your family is going into debt, the first thing you do is say, hey, dad, get a second is job and raise more revenue. you look at the...
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Nov 27, 2012
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grover norquist is having to defend himself after several prominent senate republicans indicated a willingness to break his famous pledge, arguing republicans who agree to tax hikes just like they did under president bush. >> it is important that the republicans don't have their fingerprints all over the murder weapon, their fingerprints all over a lousy budget deal with tax increases and no real spending, just as happened to republicans in 1990 which cost us the presidency in '92. >> "the wall street journal" defends norquist today writing, quote, the voters are smart enough to know that republicans who focus on mr. norquist are part of the problem. interesting calling out those republicans by the wall street editorial. norquist is a bit of a media creation. remember this. he's an easily digestible symbol of ideological purity. the people who actually police that purity are groups like the anti-tax, pro economic growth club for growth. it's barely been three weeks since senate republicans wrapped up another losing cycle where thanks to candidates like missouri's todd akin or indiana's richard
grover norquist is having to defend himself after several prominent senate republicans indicated a willingness to break his famous pledge, arguing republicans who agree to tax hikes just like they did under president bush. >> it is important that the republicans don't have their fingerprints all over the murder weapon, their fingerprints all over a lousy budget deal with tax increases and no real spending, just as happened to republicans in 1990 which cost us the presidency in '92....
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Nov 30, 2012
11/12
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norquist tax pledge. chris gibson says the pledge he signed in 2010 no longer applies since redistricting changed the numbers. he signed as a candidate for new york's 20th congressional district and said moving forward he doesn't plan to re-sign it for the 19th congressional district for which he now represents. okay. the opening bell just rang. let's get right to the market rundown. cnbc's becky quick is here. good morning, becky. >> reporter: good morning, chris. great to see you. we are looking now at the markets just opening and they're opening relatively flat. modest declines for the s&p and nasdaq. modest gains for the dow. that's a surprise today because when you came in this morning you might have expected to see a lot of red arrows. we have been trading almost in lock step with the headlines that have been coming out of washington around the fiscal cliff. when it looks like there is some movement made, when it looks like there's a deal that could be reached, you see the markets go up. when things
norquist tax pledge. chris gibson says the pledge he signed in 2010 no longer applies since redistricting changed the numbers. he signed as a candidate for new york's 20th congressional district and said moving forward he doesn't plan to re-sign it for the 19th congressional district for which he now represents. okay. the opening bell just rang. let's get right to the market rundown. cnbc's becky quick is here. good morning, becky. >> reporter: good morning, chris. great to see you. we...
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Nov 16, 2012
11/12
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you hear grover norquist there saying it's going to turn from tax heights on the rich to tax heights on the middle class. you've seen the gains on capitol hill. do you think it will get done? >> i think there's a bargain that can get done. there's a bargain that takes more tax revenue both from tax reform and raising rates on the rich and then some changes to entitlement programs, wage indexes -- price indexes for social security, some changes to medicare, that would bend the cost curve of medicare in particular as a program and that would bring down spending over time. i think that's absolutely achievable especially in this sort of post election atmosphere we have right now. >> and i think that grover norquist is playing the weaker and weaker hand. a bunch of newly elected didn't sign his pledge. there's a bunch of other republicans who disavowed the pledge. you listen to what the folks in the senate are saying. they think there's enough votes on the republican side to given the president what he wants on higher tax revenue so, yeah, i think that things have changed a lot, a lot has
you hear grover norquist there saying it's going to turn from tax heights on the rich to tax heights on the middle class. you've seen the gains on capitol hill. do you think it will get done? >> i think there's a bargain that can get done. there's a bargain that takes more tax revenue both from tax reform and raising rates on the rich and then some changes to entitlement programs, wage indexes -- price indexes for social security, some changes to medicare, that would bend the cost curve...
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Nov 29, 2012
11/12
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. >> grover norquist -- you were talking about leverage and you believe republicans could get more leverage if they got this out of the way, called the white house's bluff, if you will and said, okay, fine, we'll give you this and have the larger debate. he believes the debt ceiling should be used as leverage. is that responsible governing? >> i think the speaker did, in our conference did the right thing last time. we were willing to raise the debt ceiling. that's a tough vote for republicans, but only if it was accompanied by reforms and long-term spending cuts. i actually think that's a good thing and should be institutionized. we should not continue on a course of piling up debt and not try to correct things. i think the speaker did the right thing, pushed for that, and we got it. as a result, we're going to have $2 trillion less in long-term debt thanks to what john mccain did. >> by the way, should there be a debt ceiling? is this sort of a ridiculous thing? >> i don't think it's ridiculous. i think it forces us to confront reality. we can't pile up debt without thought of where we're
. >> grover norquist -- you were talking about leverage and you believe republicans could get more leverage if they got this out of the way, called the white house's bluff, if you will and said, okay, fine, we'll give you this and have the larger debate. he believes the debt ceiling should be used as leverage. is that responsible governing? >> i think the speaker did, in our conference did the right thing last time. we were willing to raise the debt ceiling. that's a tough vote for...